In my experience they give you market value not replacement value and will make general assumptions based on your policy (i.e. they aren't itemizing your valuables that you didn't mention when you bought the policy) unless you have a specific rider with coverage over the baseline. In other words, prepare to be screwed without a lawyer.Don't mean to derail the thread, but I feel this is something I need to learn more about and probably everyone could benefit.
I always wondered, how would I prove the value of everything I own to an insurance company if this ever happened to me.